Common use of Allocation of Distributions Clause in Contracts

Allocation of Distributions. To the fullest extent permitted by law, all distributions of cash or other assets of the Company shall be made to the Member when and as determined by the Member.

Appears in 12 contracts

Samples: Limited Liability Company Agreement (Interstate Equipment Leasing, LLC), Limited Liability Company (Interstate Equipment Leasing, LLC), Limited Liability (Interstate Equipment Leasing, LLC)

AutoNDA by SimpleDocs

Allocation of Distributions. To the fullest extent permitted by law, all All distributions of cash or other assets of the Company shall be made to the Member when and as determined by the Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Wire Harness Industries Inc)

Allocation of Distributions. To the fullest extent permitted by law, all All distributions of the Company’s cash or other assets of the Company shall be made to the Member when and as determined by the Member and allocated to the Member’s Capital Account.

Appears in 1 contract

Samples: Operating Agreement (Urs Corp /New/)

AutoNDA by SimpleDocs

Allocation of Distributions. To the fullest extent permitted by law, all All distributions of cash or other assets of the Company shall be made to the Member when and as determined by the Member. Except as provided in the Act or applicable law, the Member shall not be required to return any distribution made by the Company to it.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Henry Bros. Electronics, Inc. / VA)

Time is Money Join Law Insider Premium to draft better contracts faster.